Jacket X Corporation Security Policy

determined that the three primary risks the company faces in protecting the data are as follows:

The Human Threats that are unintentional acts like deleting the databases or wrong entry of data cause the damage to the system and the intentional acts like network based attacks, malicious software upload, unauthorized access to confidential information and SQL injection causes the loss of data and miss use of the patients data by the hackers.

To reduce malicious code, SMC will restrict staff from certain networking sites (Hawkins, 2013a). Additionally, SMC will govern policies that discourage downloading files from the Internet and using personal computer information. Another serious threat is the malicious insider. This can be a disgruntled employee or a recently fired employee who still has access to the network system. Prompt removal of privileges is necessary to avoid issues created by terminated malicious insiders. Separation of privileges is a common security tool that helps decrease vulnerability. If one person can alter pay rate and hours worked, another person must review and approve a report before the changes take

A1. The Nature of the incident was that an employee was able to hack into the computer system and gain access to the financial payroll system, human resources and even email system. This employee used several methods in order to gain access into the system: IP spoofing, Data modification, Man in the middle attack and compromised-key attack. As a result the employee was able to tamper with payroll system. An auditor discovered the discrepancies and tried to make upper management aware of the situation through email, but the email was intercepted by the hacker. The hacker impersonated an employee and persuaded the auditor into granting him more access into the system which resulted in additional sabotage into the payroll system. Hacker

Modern organizations that utilize technology must now use their resources to protect themselves from malicious cybercrime activities. A “hacker” could illegally intrude into an organizations information network and use accounting software to mine information and steal assets at a relatively low risk of being caught.

Risk assessment and threat assessment should go hand-in-hand.The outcome of the risk assessment and threat assessment should provide recommendations that maximize the protection of confidentiality, integrity and availability while still providing functionality and usability. The purpose of a risk assessment is to ensure sensitive data and valuable assets are protected. An organization should take a hard look at who has access to sensitive data and if those accesses are required. The security audit should monitor the companies systems and users to detect illicit activity.The security audit should

Ensuring the security of organizational and employee information is vital for any organization. Security misfortune can be damaging to the organization and the affected employees. In the case of Huffman Trucking information stored in the database includes names, social security numbers, and personal employee information used for the Benefits Election System. The cost of loss of such information typically results in the same outcome - the loss of financial resources or the harm to one's information. In an effort to

Each company may have different kind of sensitive information, for example for a bank both credit card numbers and marketing strategy may be considered as a compromising data; therefore there must be a clear policy governing who has access to different type of sensitive information, a bank officer serving a customer may have access to credit card numbers while marketing specialist reviewing promotion strategy of the bank may be able to access marketing data.

Enclosed is a report of Ms. Nieves payroll check. The entry of date 02/03/17 and 02/17/17 was entered improperly.

As I have progressed in learning more about the system, I have Jessica Lash who is one of the managers that started with ultipro and assists me with any pressing questions that I might have and we have been working together to get Ultipro live within our business units. Every Monday is busy Monday. Monday is the day that I keep a close eye on my email to get the go ahead from each of the business units to start processing their payroll. The payroll process is very complex because you are in control of your employees getting paid. Once I have imported the timesheets of the employees and made the corrections that need to be made I send the payroll journal over to the local Human Resource contact to approve the payroll journal and I will then finish the payroll for the checks to be printed. As ARCH Global is growing and expanding into new American manufacturing companies we have been hiring many employees. Each employee that has been hired, I key in each employee to make sure that all of the documents are correct. The documents that I key in are I-9 documents to benefit election forms. As I key in each of the new hires that come across my desk, I have learned all of the benefit packages that ARCH has to offer. Also, keying in all those employees has helped me create a cheat sheet that will benefit other employees when it comes to keying in the employees information. As an intern, I have come to notice that if you incorrectly key in

To determine if recorded payroll transactions are for work actually performed by existing employees (occurrence).

This infographic outlines the key differences between independent contractors & employees as well as uncovers some of the common reasons for misclassification. The misclassification of employees as independent contractors presents one of the most serious problems facing affected workers, employers and the entire economy. It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors. By some estimates, contingent or temporary workers could reach 30%–50% of the U.S. workforce. A federal study contends that an estimated 3.4 million employees are classified as independent contractors when they should be reported as employees. This infographic is an attempt to eliminate

So, classified or sensitive information can be only access by the people who have that level of security clearance.

1. There’s a potential risk of delegating one-person manipulating the recording and authorizing of the payroll accounts.

Full working knowledge of Microsoft Office suite of applications, Advent Geneva, SS&C CAMRA software for portfolio and partnership accounting, and Salesforce platform.